The price of XRP is showing signs of a major move as the bull market continues. Major retailers are shipping fewer XRP images tokens to Binance than at any time since 2025, reducing the selling pressure on the market.
Meanwhile, crypto analyst Ali Martinez says that if XRP breaks above the $1.13 key, it could start a strong rally and rise to $1.35.
XRP Price Jumps 4% As Buying Activity Rises
The price of XRP rose more than 4% in the last 24 hours, rising to close to $1.13 as the entire crypto market recovered. Coinglass data displays that trading activity grew significantly, with XRP open interest rising by nearly 10% to $2.47 billion.
This shows that many traders are opening new positions and waiting for a big price move. The rally also forced many traders who had bet on XRP to close their positions.
In total, more than $3.29 million worth of XRP was liquidated, including about $2.93 million from short sellers alone.
When short positions are liquidated, traders are forced to buy back XRP, adding to the buying pressure and helping the price move higher.
Whale Speeding to Slow Down From 2025
Following this, CryptoQuant analyst Darkfost believes XRP is entering an important phase of its recovery.
According to his Binance whale entry chart, major investors are sending fewer XRP tokens to the exchange than before. The amount of whales has dropped significantly from a peak of 583 million XRP (about $1.36 billion) in the past to 25.3 million XRP (about $23 million) now.
The long-term trend tells the same story. The 90-day average for whaling has dropped from about $460 million in early 2025 to $69 million today.
This suggests that many of the top sellers have already started to decline, reducing the pressure on the market as XRP continues to trade near $1 support. Darkfost says the next step for XRP will depend on new purchases coming back into the market.
Analysts See $1.35 as Next Level
Currently, a crypto expert Ali Martinez sees it again creating bullish signals. He noted that XRP’s monthly TD Sequential indicator has highlighted a buy signal, while the hourly chart is forming a similar triangle.
According to Martinez, a break above $1.13 could open the door to a rally of about 20%, pushing XRP to $1.35.
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